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BrainChip Raises $37M to Power Next-Gen Edge AI and TENNs Development
9:58am on Monday 10th of November, 2025 AEDT
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BrainChip Raises $37M to Power Next-Gen Edge AI and TENNs Development
9:58am on Monday 10th of November, 2025 AEDT
Key Points
Fully underwritten $35 million placement at A$0.175 per share
Non-underwritten $2 million share purchase plan for eligible shareholders
Funds to support Akida 2.0 commercialization and TENNs product development
Forecast sales volume of 450,000 units by 2028 with design wins in defense and healthcare
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